Senate panel rejects Buhari’s $700 million loan request for water project
Written by broadstreet on October 28, 2021
The Senate Committee on Local and Foreign Debts on Wednesday rejected the President, Major General Muhammadu Buhari (retd.),’s loan request to the National Assembly for Sustainable Urban and Rural Water Supply, Sanitation and Hygiene under the Ministry of Water Resources.
The development happened 24 hours after the Ministry of Health appeared before the Committee to seek approval for $200m for the procurement of mosquito nets and Malaria medicines.
Members of the panel took a turn to fault the loan for Sustainable Urban and Rural Water Supply, Sanitation and Hygiene.
They asked the officials of the Ministry of Water Resources led by the Permanent Secretary, Mrs Esther Didi Walson-Jack, to furnish the Committee with an update on loans collected so far for the Water Projects in the Ministry.
The Chairman of the Committee, Senator Clifford Ordia said three different loans had been approved for various water projects.
Ordia said, “$450 million for the Ministry for water project being financed Africa Development Bank and another $6 million loan under the integrated program for Development also financed by Africa Development Bank and the Gurara Water Project.
“You need to tell us what you are doing with $700 million for water projects
The Committee, therefore, agreed to summon the Minister of Water Resources, Adamu Suleiman to appear to give an explanation on the loans and state of loans collected so far